Wieland / Giannone / Monti The Science and Practice of Monetary Policy Today

The Deutsche Bank Prize in Financial Economics 2007
1. Auflage 2009
ISBN: 978-3-642-02953-0
Verlag: Springer
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 145 Seiten, eBook

Bridging the theory and practice of monetary policy, this book presents aspects of the New-Keynesian theory of monetary policy and its implications for the practical decision-making of central bankers. It also outlines important lessons for policymakers.

Zielgruppe

Research

Autoren/Hrsg.

Wieland, Volker

Giannone, Domenico

Monti, Francesca

Reichlin, Lucrezia

Beck, Günter

Woodford, Michael

Inhaltsverzeichnis

The New-Keynesian Approach to Understanding the Economy.- Michael Woodford’s Contributions to Monetary Economics.- The New-Keynesian Approach to Monetary Policy Analysis: Lessons and New Directions.- The New-Keynesian Approach in Forecasting and Monetary Policy Design.- The Case for Forecast Targeting as a Monetary Policy Strategy.- Incorporating Conjunctural Analysis in Structural Models.- Money in Monetary Policy Design: Monetary Cross-Checking in the New-Keynesian Model.- Will Monetary Policy Become More of a Science?.- Will Monetary Policy Become More of a Science?.- The Deutsche Bank Prize in Financial Economics 2007: Award Ceremony and Scientific Symposium in Honor of Michael Woodford.- The Award of the Deutsche Bank Prize 2007.- Opening Speeches at the Scientific Symposium.- Hermann-Josef Lamberti (Deutsche Bank AG).- Summary of the Scientific Symposium “The Theory and Practice of Monetary Policy Today”.- The Theory and Practice of Monetary Policy Today — Successes, Failures and Open Questions.- The Theory and Practice of Monetary Policy Today — Successes, Failures and Open Questions.